4340 Highway 38

Drain, OR 97435

$1,198,000
Price
3
Beds
2,300 Sq. Ft.
$521 / Sq. Ft.
2,300
Sq. Ft.
$521
per Sq. Ft.
a view of a bench in a backyard
a view of a lake with houses
a living room with furniture a fireplace and kitchen view
a living room filled with furniture
a kitchen with stainless steel appliances granite countertop a stove a refrigerator a sink a dining table and chairs with wooden floor
a view of a dining room with furniture a chandelier and wooden floor
a living room with furniture and a floor to ceiling window
a living room with furniture a fireplace and a large window
a bedroom with a bed and large windows
a living room with furniture and a garden
a front view of a house with garden
a view of a deck with wooden floor and outdoor seating
a view of a park with a tree in the background
a car parked in front of a house
a living room with furniture and a fireplace
a living room with furniture and a fireplace
a front view of a house with garage
a grassy field with trees in the background
a view of a lake with a house
a view of a lush green forest with lots of trees
a green field with lots of trees in the background
a view of a lake with a big yard

Description

PRICED REDUCED - 26+/- acre estate with a 2300 sq ft, 3-bedroom, 2-bathroom home offering panoramic views and abundant wildlife including elk, deer, and bear. Features 0.50 miles of Elk Creek frontage with excellent trout and steelhead fishing, a leveled hay field, and robust infrastructure. Includes a gated, half-mile private drive, well, septic system, a 60x20 ft two-story equipment barn, a 40x60 ft two-story horse barn with eight stalls and a tack room, a recreational space, and a guest room with...PRICED REDUCED - 26+/- acre estate with a 2300 sq ft, 3-bedroom, 2-bathroom home offering panoramic views and abundant wildlife including elk, deer, and bear. Features 0.50 miles of Elk Creek frontage with excellent trout and steelhead fishing, a leveled hay field, and robust infrastructure. Includes a gated, half-mile private drive, well, septic system, a 60x20 ft two-story equipment barn, a 40x60 ft two-story horse barn with eight stalls and a tack room, a recreational space, and a guest room with private bath. Landscape boasts mature cedar trees. Conveniently located near Highway 38, 40 minutes from coastal towns, and in the North Douglas High School District.
  1. Listed by Timothy O'Neil • Land and Wildlife LLC

Property Details for 4340 Highway 38

Style
Stories1, Ranch
Parking Features
Covered, Other
Zoning
EFU
View
Creek Stream, Territorial
Garage Spaces
2.00
Parking Total
2.00
LISTING UPDATED: 12/30/2025 08:00 AM

Property Details for 4340 Highway 38

StatusActive
MLS #534897888
Days on Market166
Taxes$2,617 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size26.00 AC / 1,132,560 SF
CountyDouglas County

Location

Listing Courtesy of Land and Wildlife LLC
Add your commute

Building Information for 4340 Highway 38

Stories1Year Built1948Building Size-Lot Size26.00 AC / 1,132,560 SF

Payment Calculator

$6,057 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,839

Property Taxes

$218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4340 Highway 38

Summary
Location and General Information
  • Country: US
  • Directions: Jack Creek Rd
  • Road Surface: Paved
School Information
  • Elementary School: North Douglas
  • High School: North Douglas
  • Middle Or Junior School: North Douglas
Parking
  • Garage Type: Detached
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $2,617.28
  • Parcel Number: R36855
  • Tax Legal Description: TRACT M&B V142 P47 (IN FIRE) SEE R36847 FOR BAL TL, ACRES 5.00
Property
Lot Information
  • Acres: 26.0
  • Lot Size Square Feet: 1132560.0
  • Lot Size Range: Acres5to7
  • Lot Size: 5 to 6.99 Acres
  • SqFt Source: seller
Property and Assessments
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Water Description: Well
  • Property Condition: Resale
  • Year Built: 1948
Utilities
  • Fuel Description: Other, Wood Burning
  • Heating Description: Other
  • Sewer Description: Septic Tank
Interior and Exterior Features
Exterior Features
  • Exterior Description: Other
  • Roof Type: Composition
  • Waterfront Description: Creek
  • Water Name: Elk Creek
Interior Features
  • Fireplace Description: Wood Burning
  • Fireplaces Total: 2
  • SqFt Calculated: 2300
  • SqFt Lower Level Total: 0
  • SqFt Main Level Total: 2300
  • SqFt Upper Level Total: 0
  • Bedrooms Total: 3
  • Stories: 1
  • Baths Total: 2.0
Master Bedroom
  • Room Description: Primary Bedroom
  • Primary Bedroom Level: Lower
Bedroom 2
  • Room Description: _2nd Bedroom
Bedroom 3
  • Room Description: _3rd Bedroom
Dining Room
  • Room Description: Dining Room
Family Room
  • Room Description: Family Room
Kitchen
  • Room Description: Kitchen
Living Room
  • Room Description: Living Room
Baths
  • Baths Lower Level Full: 2
  • Baths Lower Level Partial: 0
  • Baths Lower Level Total: 2.0
  • Baths Main Level Full: 0
  • BathsMainLevelPartial: 0
  • Baths Main Level Total: 0.0
  • Bathrooms Full: 2
  • Baths Partial: 0
  • Total Bathrooms: 2
  • Baths Upper Leve lFull: 0
  • Baths Upper Level Partial: 0
  • Baths Upper Level Total: 0.0
Multi Family
Multi-Family Information
  • SqFt Approximate Building Total: 2300

Public Records for 4340 Highway 38

Taxable ValueLand-Additions-Total-
Tax Record2022$3,095 ($258 / month)
Home Facts
Total Finished SqFt1,927 SqFtAbove Grade Finished SqFt1,927 SqFtLot Size217,800 SqFtStyleFarmsYear Built1948ZoningF2CountyDOUGLASAPN22-06W-15-00800Fireplace TypeHas Fireplace

Schools near 4340 Highway 38

This home is within North Douglas School District 22.
Rating
School
Type
Grades
Distance
North Douglas Elementary School
Public - K to 8
North Douglas High School
Public - 9 to 12
Rating
School
Distance
North Douglas Elementary School
PublicK to 8

North Douglas High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4340 Highway 38, Drain, OR 97435

4340 Highway 38 is a single family home for sale in Drain, OR 97435. This property was listed for sale on July 24, 2025 by Land and Wildlife LLC, it's currently listed at $1,198,000. This listing's school district is North Douglas School District 22. Nearby schools include North Douglas Elementary School and North Douglas High School. 4340 Highway 38 is a 3-bed, 2-bath, 2,300 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Land and Wildlife LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 12/30/2025 08:00 AM